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More green shoots for Naira and NGE
Nigeria’s Supreme Court affirms Tinubu’s presidential victory - ending months of legal battles over the presidential race.
https://www.aljazeera.com/news/2023/...ential-victory
In July, Tinubu was also selected to chair the Economic Community of West African States (ECOWAS), putting him at the helm of the African regional bloc.
Trained as an accountant in the US, Tinubu has already decisively introduced key economic reforms that he says will lure investors and make Nigeria a regional economic powerhouse.
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Attaboy Tinubu!
Originally Posted by beacon
Trained as an accountant in the US, Tinubu has already decisively introduced key economic reforms that he says will lure investors and make Nigeria a regional economic powerhouse.
Nigeria Plans New FX Rules — including a crackdown on illegal currency trading — to help Naira close its more-than-45% gap with the black market rate and reach ‘N650-N750 Fair Price’ by End of 2023
The government plans to clear a backlog of dollar demand estimated at about $6.7 billion, bolster the naira forward market, and set transparent rules for the operations of the official market, Taiwo Oyedele, chair of the presidential committee on fiscal policy and tax reforms, said in an interview.
President Tinubu signs executive orders to boost FX liquidity. Government plans local issuance of dollar denominated debt
https://www.bloomberg.com/news/artic...fficial%20said.
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